Volume has been abysmal this year compared to last year.

Yes, selling has been heavier than buying this year, but the massive Institutional buying from last year has largely been hodled.

And continued selling into ATH breaks is signature Institutional manipulation.

Expect more of the same until something breaks, but then Bitcoin will break to the upside, because that’s where the greatest pain lies.

2026 should be about stumbling something “too big to fail”.